Markythesparky
Member
Yeah - without doubt cash basis is my way to go. MTD won’t affect me at present so I can ignore those perils at the moment.
......not be too worried about slow payers
A card terminal, (numerous are available all accepting credit/debit/apple/google etc..), to accept customer payments once you finish a job can remove the slow/late payers problem..
So customer doesn't have to worry about s having cash available or setting up a bank transfer etc..
For just a small nominal transaction fee the money is typically in you bank within a couple of day..
Plus a lot of customers do tend to like cash-free payment methods..
Fair point, but BACS works for lots of people, and has no fees.A card terminal, (numerous are available all accepting credit/debit/apple/google etc..), to accept customer payments once you finish a job can remove the slow/late payers problem..
So customer doesn't have to worry about s having cash available or setting up a bank transfer etc..
For just a small nominal transaction fee the money is typically in you bank within a couple of day..
Plus a lot of customers do tend to like cash-free payment methods..
Fair point, but BACS works for lots of people, and has no fees.
Never used one but there again never seem to have issues with slow payers
Haha, Ah yes Indeed - what was the outcome?Doing simple little non notifiable jobs is not all plain sailing.
This from today's "change a few switch and socket fronts" job.
View attachment 16792
IT was a DIY Joe additional spurred socket. Thankfully not far away in a stud and plasterboard wall, so correct cable pulled through and connected properly, CPC and all.Haha, Ah yes Indeed - what was the outcome?
£28.50 from Amazon, so not bad really.I picked up a card terminal back in Nov/Dec 2019 on offer at £9.99 from Rymans.. (but they are a bit more expensive now!!)
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